Lightwave Logic Inc. (LWLG)

Last Closing Price: 0.97 (2025-05-29)

Company Description

Lightwave Logic, Inc., formerly known as Third-Order Nanotechnologies, Inc., is a development stage company that develops electro-optic polymers; which has high electro-optic activity and are thermally and photo-chemically stable; for use in the electro-optic device market. The Company engineers electro-optic plastics at the molecular level for superior performance, stability, cost-efficiency and ease of process ability. Its next-generation electro-optic plastics can be utilized by electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, aerospace companies and government agencies. Lightwave Logic, Inc. is headquartered in Newark, Delaware.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $0.10M
Net Income (Most Recent Fiscal Year) $-22.53M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) --
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 1378.43
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 3.83
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) --
Pre-Tax Margin (Trailing 12 Months) -24490.91%
Net Margin (Trailing 12 Months) -24492.05%
Return on Equity (Trailing 12 Months) -64.31%
Return on Assets (Trailing 12 Months) -57.29%
Current Ratio (Most Recent Fiscal Quarter) 16.61
Quick Ratio (Most Recent Fiscal Quarter) 16.61
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $0.25
Earnings per Share (Most Recent Fiscal Quarter) --
Earnings per Share (Most Recent Fiscal Year) --
Diluted Earnings per Share (Trailing 12 Months) $-0.18
Stock
Exchange NASDAQ
Sector Basic Materials
Industry Specialty Chemicals
Common Shares Outstanding 125.04M
Free Float 119.79M
Market Capitalization $121.30M
Average Volume (Last 20 Days) 0.89M
Beta (Past 60 Months) 2.31
Percentage Held By Insiders (Latest Annual Proxy Report) 4.20%
Percentage Held By Institutions (Latest 13F Reports) 27.04%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%